NSE: IRCTC is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 10% to 15% gain on...
As we can see NIFTY rallied over 300++ points after the breakout of inverted head and shoulders pattern and got rejected exactly from our trendline now until the trendline is breached above we are bearish and expected to remain sideways to negative so plan your trades accordingly.
NSE:BPCL Stock will trade in range during election period. Support near 545 level. Good entry level near 545 if stock down to this level wit Trailing Stop Loss near 500. Drawing Fibonacci Extension taken into account of recent High and Low then the 1.618 Fibonacci Extension level comes near 736 level. Long Position may be initiated near 545 with Trailing SL...
In the Weekly Chart of HINDZINC , we can see that, after Trendline breakdown, it has halted on support. It is decision making point. Possible momentums are shown in chart.
In the Weekly Chart of BALAMINES , we can see that; it can give up move with W breakout. If it gives W breakout, it will lead to Cup and Handle formation and breakout. Trade with SL in this Volatile market.
In the Weekly Chart of SFL , we can see that, it has created a Halt candle at very bottom. we have a opportunity to buy at bottom with RSI less than 30. Enter on breaking its High with Low as SL.
In the Weekly Chart of BATAINDIA , we can see that, after the breakdown of Trendline, much of selling has not happened. We might a bull momentum from here. Expected momentum is shown in chart.
In the Weekly Chart of CROMPTON, we can see that, it can turn Bullish from here. Enter at 273 with SL as 263. Expected momentum is shown in chart.
In the Weekly Chart of TMB , we can see that, finally it has shown a up move. Expected momentum is shown in chart.
In the Weekly Chart of NYKAA , we can see that, after W breakout, it has taken a halt and now it is ready for up move. Enter on Halt Candle's high with Low as SL.
NSE:GRASIM Stock closed above ATH on 28th March 2024. If drawing Fibonacci Extension taken into account of recent High and Low then the 1.618 Fibonacci Extension level comes near 2358 level. Long Position may be initiated at CMP with Trailing SL 2240 for 1st target near 2358 and 2nd target at 2.618 Fibonacci extension level near 2500.
Daily and weekly volume buildup is significantly good. Box pattern trendline breakout with good volumes. Wait for retest on trendline for conformation. NOTE: I do my analysis, do your before trade.
Daily and weekly volumes buildup is considerable good enough. All time high and rounding bottom breakout successful with retest on trend line. Good opportunity both for swing and positional views. NOTE: I do my analysis, do your begore trade.
On day chart After breakout previous ATH at $50, now AVAX is pulling back to the support around #FairValueGap at $45 Besides, AVAX is supported by Ascending Trend Line Wait for rejection around this support
MCX Gold has rallied one way from 62000 to 67000 in last 5 weeks without any major retracements. Gold is currently respecting a rising channel pattern & currently trading at higher end of this channel pattern. I'm expecting gold to correct and touch bottom of this rising channel. I tried to short gold last week but it went sideways so I had to close. Closed that...
NSE:PIIND I was expecting the price of this stock to reach the monthly demand zone. However, looking at the candles, it doesn't seem like the price will go down any further. Here are my reasons: The weekly demand zone is a strong zone because it took the price to an all-time high. The price has also broken through a monthly supply zone. The price is...
NSE:NIFTY_MID_SELECT Maximum Call writing of 10.59 Lakh is at 10600 strike followed by 9.62 Lakh at 10500 Strike and Put writing of 9.69 Lakh at 10500 Strike. 15 Minute closing above 10525 level may lead to 10590 level. Trailing Stop Loss 10460.
NSE:CNXFINANCE Maximum Put writing is at 20800 strike with 4.09 Lakh and Call writing at 3.78 Lakh at 21000 Strike followed by 3.24 Lakh Put writing at 20900 strike. If 15 Minute closing above 21840 level may lead to 1st target 20900 and 2nd target 21000 level. Trailing Stop Loss 20770.